This government is very good at being disappointed things haven't happened, which they are in full control of. The DPM is the 2nd most powerful person in the country, so he can easily get that school built if he was really concerned.
Yes lets get rid of everything related to the colonial period. Change the names of most settlements and islands, and tear down the buildings. In fact taken to its end, seeing as nearly every person born in Bahamas (black and white) is because of the Colonial period, then they too must be gotten rid of. Their parents, or their parents parents would never had met if they had never come to The Bahamas, by whatever way. I am being facetious, but the idea proposed is basically saying get rid of a major part of this nations history and only leave it with the last 50 years, which is ludicrous.
113 companies need an audit due to this (and this doesn't include others that need audits). At an average of 4-5 audits per audit that would be 450-565 auditors required. I wonder if there is enough auditors to do this and if not is the Government going to allow a couple hundred expats to come in to do this? I tried to find the number of accountants and got to around 800 per BICA, however a large number of them will be working in the firms that need to be audited so they won't be able to help.
The letter writer seems to not understand the issues on this. The business community already has to have their revenue agreed by a licensed accountant. An audit will find nothing different then what was found before. It will however mean that every line item on a financial statement has to be agreed. None of those line items affect the revenue figure and what Government will make. This will not increase government revenue, all it will do is make businesses pay auditors more and also make the ease of doing business worse. Of course those bills the business has to pay the auditors will need to be raised from somewhere, so expect the continual increase in the cost of living to occur (I am not sure if the letter writer has worked out that the more it costs a business to provide an item, the more ty will charge for that item),
This sums up Governments view and total misunderstanding of how a business runs. They see the air freight couriers charging $20 and assume that is full profit. with no idea that is used to pay staff, rent, BPL , Taxes etc. Therefore they see nothing wrong with government adding on a bit more, as you the consumer are already paying a larger amount. And when consumers complain Government will say we are only taking a little bit, its the merchant that is causing the cost to be so high (whilst conveniently forgetting all the extra costs Government has made the merchant pay from BPLs high bills, to more stringent requirements for business license). And unfortunately there are a sizeable number who will believe this.
If they tied the funds so they only went to countries that actually tried to protect their environment we would get $0. From the many vehicles that spout their fumes, to the destruction of wetlands and mangroves all over the Bahamas, we don't actually care about the environment, only the potential money we may make from it
Most people do not trust the government here to protect their IP, as such doing it overseas makes more sense, and until we have more trust in Government that will not change no matter what laws are put in place (as we also don't think they will be enforced against select people, like the disclosure laws for the MPs).
Dawes says...
As long as Bahamians have to pay for the building that is being used they can be as Judgmental as they like.
On Straw Business Persons Society president says ‘too costly to only sell authentic Bahamian products’
Posted 20 December 2023, 9:15 a.m. Suggest removal
Dawes says...
This government is very good at being disappointed things haven't happened, which they are in full control of. The DPM is the 2nd most powerful person in the country, so he can easily get that school built if he was really concerned.
On Cooper ‘disappointed’ that Ragged Island school not complete
Posted 20 December 2023, 9:14 a.m. Suggest removal
Dawes says...
Yes lets get rid of everything related to the colonial period. Change the names of most settlements and islands, and tear down the buildings. In fact taken to its end, seeing as nearly every person born in Bahamas (black and white) is because of the Colonial period, then they too must be gotten rid of. Their parents, or their parents parents would never had met if they had never come to The Bahamas, by whatever way. I am being facetious, but the idea proposed is basically saying get rid of a major part of this nations history and only leave it with the last 50 years, which is ludicrous.
On Reparations Committee chair calls for hotel name change
Posted 20 December 2023, 9:09 a.m. Suggest removal
Dawes says...
No you don't need to. Just continue to pay more and more of your income to Government and sit small.
On INSIGHT: Road repairs necessary but will the work go smoothly and without cost overruns?
Posted 19 December 2023, 9:24 a.m. Suggest removal
Dawes says...
113 companies need an audit due to this (and this doesn't include others that need audits). At an average of 4-5 audits per audit that would be 450-565 auditors required. I wonder if there is enough auditors to do this and if not is the Government going to allow a couple hundred expats to come in to do this? I tried to find the number of accountants and got to around 800 per BICA, however a large number of them will be working in the firms that need to be audited so they won't be able to help.
On Business Licence audits to impact ‘less than 1%’
Posted 15 December 2023, 8:52 a.m. Suggest removal
Dawes says...
The letter writer seems to not understand the issues on this. The business community already has to have their revenue agreed by a licensed accountant. An audit will find nothing different then what was found before. It will however mean that every line item on a financial statement has to be agreed. None of those line items affect the revenue figure and what Government will make. This will not increase government revenue, all it will do is make businesses pay auditors more and also make the ease of doing business worse. Of course those bills the business has to pay the auditors will need to be raised from somewhere, so expect the continual increase in the cost of living to occur (I am not sure if the letter writer has worked out that the more it costs a business to provide an item, the more ty will charge for that item),
On Rich need to pay like the rest of us
Posted 15 December 2023, 8:47 a.m. Suggest removal
Dawes says...
This sums up Governments view and total misunderstanding of how a business runs. They see the air freight couriers charging $20 and assume that is full profit. with no idea that is used to pay staff, rent, BPL , Taxes etc. Therefore they see nothing wrong with government adding on a bit more, as you the consumer are already paying a larger amount. And when consumers complain Government will say we are only taking a little bit, its the merchant that is causing the cost to be so high (whilst conveniently forgetting all the extra costs Government has made the merchant pay from BPLs high bills, to more stringent requirements for business license). And unfortunately there are a sizeable number who will believe this.
On Air freight terminal ‘disgrace’ set for $25m transformation
Posted 15 December 2023, 8:42 a.m. Suggest removal
Dawes says...
There are no laws here, you can do what you want, so nothing will change for the better
On Boy Scouts; please lower the volume
Posted 14 December 2023, 1:24 p.m. Suggest removal
Dawes says...
If they tied the funds so they only went to countries that actually tried to protect their environment we would get $0. From the many vehicles that spout their fumes, to the destruction of wetlands and mangroves all over the Bahamas, we don't actually care about the environment, only the potential money we may make from it
On PM: Pledge on climate fight by wealthy countries not enough
Posted 13 December 2023, 10:42 a.m. Suggest removal
Dawes says...
Most people do not trust the government here to protect their IP, as such doing it overseas makes more sense, and until we have more trust in Government that will not change no matter what laws are put in place (as we also don't think they will be enforced against select people, like the disclosure laws for the MPs).
On Bahamas suffers 3,000 gap over trademark applications
Posted 12 December 2023, 4:34 p.m. Suggest removal